Dear Dave, A good friend of mine passed away recently. In his will, he left me a couple of items and some money, and I’d like to share the money with my son. He is 25, and a good kid, but he is still impulsive with his finances. Do youContinue Reading

Dear Dave, I’m debt-free except for my home, and it is all because I started following your plan four years ago. I’m even on track to pay off my mortgage in eight years. With all the scary economic news out there, I’d love to talk to my family about followingContinue Reading

Dear Dave, I own a small company, and we lease the building we operate from. As an entrepreneur, how do you know when it is time to stop leasing and buy a place of your own? Peter Dear Peter, You should only buy a building when you have solid trackContinue Reading

Dear Dave, My husband runs a small business that has never done very well. We have three kids, and I make $55,000 annually in my job. Part of what I make has been going into the business for over a year to help keep it afloat, and we don’t haveContinue Reading

Dear Dave, Should you still pay debts that are in collections, even if they have been dropped from your credit report? The one in question is from 2011, and I assume it isn’t showing on the credit report anymore because it’s nine years old. Sam Dear Sam, There are twoContinue Reading